Tag Archives: risk-based thinking

The convergence of audit and inspection – are you prepared?

Date: January 2017 Economic, political and societal pressures have always influenced the evolution of audit and inspection; albeit along different paths. Today, these same pressures continue to shape auditing and inspection expectations; but something important has changed.   For the first time, these expectations share a common theme – the effective monitoring and control of operational risk. […]

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Transform your audit and inspection processes into a powerful integrated risk assurance system

In this short article, I outline how organisations can transform their audit and inspection processes into a powerful integrated risk assurance system using proven ISO methods.  It’s easier than you think. _______________________________________________________ Many inspection and auditing systems have understandably evolved separately, and therefore are incapable of providing board-members and senior-management an accurate overview of an organisation […]

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Quantitative risk-base thinking – does it exist?

I recently wrote about the benefits of quantitative risk-based thinking and why organisations should avoid qualitative methods when developing their ISO 9001:2015 processes. (link) But is there such a thing as a practical quantitative risk-based thinking solution? Or, as one a reader suggested, “It’s the Holy Grail of risk analysis, and thus it doesn’t fully […]

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Why organisations should avoid qualitative ISO 9001:2015 risk-based thinking

The recent release of ISO 9001:2015 finds many organisations at the crossroads when deciding how to conform to the standard’s new risk-based thinking requirements. One option is to continue doing what they have done in the past; a road that brings with it suboptimal process monitoring and control, and an increased likelihood that poor compliance […]

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